Business, 22.04.2021 18:50 dsaefong00
Candice operates a business giving art lessons at her studio. On December 26, 2018, she collected $900 from Robbie under a 3-year contract. The contract provided for 60 1-hour weekly lessons beginning December 31, 2018. During 2018, Candice gave Robbie 1 lesson. In 2019, Robbie received 19 lessons, 20 in 2020, and in 2021 he received the remaining 20 lessons. Candice uses a calendar tax year and the accrual method of accounting. She elects to defer the advance payments. When should she report the income from these lessons
Answers: 2
Business, 22.06.2019 01:50
Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship
Answers: 2
Business, 22.06.2019 08:10
Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work
Answers: 1
Business, 22.06.2019 12:20
Consider 8.5 percent swiss franc/u.s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00
Answers: 2
Business, 22.06.2019 13:10
Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
Answers: 1
Candice operates a business giving art lessons at her studio. On December 26, 2018, she collected $9...
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